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On 21st April, 2020, OFAC renewed and re-issued General Licence 8, now General Licence 8F. The amended General Licence is a clear escalation of the US sanctions targeting Venezuela, and may be…

埃博拉：租船合同注意事项 潜在的合同问题 Download the full article

The impact of coronavirus on international arbitration and litigation: are virtual hearings a solution? The COVID-19 outbreak has rapidly developed into a pandemic, causing wide-scale disruption as…

US authorities issue guidance to maritime industry regarding illicit shipping and sanctions evasion practices On 14th May, 2020, OFAC, the US Department of State, and the US Coast Guard published a…

In Tricon Energy Ltd v. MTM Trading LLC (“MTM Hong Kong”) [2020] EWHC 700 (Comm), the High Court (Robin Knowles J) held that the owners were required to submit bills of lading in support of a…

A recent decision of the English High Court in MUR Shipping BV v Louis Dreyfus Company Suisse SA (“The Tiger Shanghai”) is likely to add to the sleepless nights of claims handlers who need to…

In this case the court rejected the charterer’s attempt to time bar the owner’s claim for demurrage. The strict approach taken by the court is yet another example of the English courts holding…

船舶优先权保险， 承租人及供油商破产保险 两个新的保险产品现在向本协会的会员开放。一个是有关船舶优先权保险，另一个是关 于承租人以及供油商破产保险。该两个保险产品系劳合社的核保人与协会会员之间的直保产品，并且由会员直接承担相应的费用。相关的理赔事宜将由管理人处理，并受制于协会的标准规则，但基础理赔事宜的最终和解方案须经市场上核保人的批准。 Download the full document

There are two main types of guarantee: “see to it” guarantees, where the guarantor is only liable to pay out if the underlying debtor is found liable to the creditor, and “demand” guarantees, where…

The recent months have seen an unprecedented surge in the use of tankers as floating storage for oil and petroleum products caused by a perfect storm of collapsing demand for such products due to the…